East China’s Jiangsu province will strive to serve the real economy, deepen financial reforms, prevent and control financial risks, and promote the high-quality development so as to promote the high-quality development of its finance industry, according to the financial development plan for 14th Five-Year Plan period released recently by the provincial government.
During the "14th Five-Year Plan" period, Jiangsu's financial industry will support financial services, coordinate financial development, reform financial potential, and optimize the financial ecological environment, according to the plan.
Jiangsu will strengthen the supply of technology and finance, support Nanjing to build a comprehensive science center, and cooperate with cities in the Yangtze River Delta to create a scientific and technological innovation financial reform pilot zone.
Efforts will be made to support Suzhou's participation in the construction of industrial innovation along the Shanghai-Nanjing Industrial Innovation and G60 Science and Technology Corridor.
Support will also be given to Suzhou, Wuxi and Changzhou in their joint efforts to build the Taihu Bay Science and Technology Innovation Circle, and Nanjing, Zhenjiang and Yangzhou in their promotion of industrial innovation collaboration to create a pioneering area of "industry + technology + finance" deep integration.
Jiangsu will further serve the real economy, increase credit policy support for the manufacturing industry, make full use of diversified financing channels, and support various regions to innovate industrial chain financial models.
Support will be given to Suzhou, Wuxi, Changzhou in their efforts to seek national-level industry integration so as to take the lead in the financial innovation of the industrial chain and supply chain.
In terms of carbon emission peak and carbon neutrality, Jiangsu will actively respond to the construction of the national carbon emission trading market and encourage various financial companies to explore innovative businesses such as carbon emission quota mortgage financing, carbon funds, and carbon bonds, so as to provide strong financial support for the realization of green and low-carbon development and help Jiangsu's green transformation.
